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Casual Articles - Pay Off Debt Now: 5 Steps To Getting Your Finances in Order
Are you business owner or independent professional who needs more customers? You don’t need a large marketing budget to generate sales for your product or service. But you will need to take some actions in order to position yourself in the marketplace. Here are 7 steps you won’t want to skip:1. Identify your ideal client and claim your niche. Hone in on the type of person or business you can get the best results for.
You can talk with a credit counselor on a private basis. It only appears on your credit report if you enter their debt repayment program.
During this holiday season, as you consider your finances, remember that Americans are now carrying $683 billion in revolving credit card debt. 47% of the people who paid less than the full amount on their credit card bills in a recent month, made only the minimum payment due.
The good news is that planning and professional help will definitely help you turn things around.
Squidoo works alot like my brain. It allows me to go off in a lot of directions at the same time. Yes I am ADD. I can build lenses(is that the plural of lens?) on Bicycles, cell phones, web hosting and or multiple lenses on each subject. They will all fall under the umbrella of my lenses but I can also easily link my lenses together that are on the same subject.Building Your First Lens It
No where is this more true than with financial issues.
Have you ever borrowed money, or charged up the VISA card at Christmas, all the while telling yourself that you would pay everything off with a coming tax refund or bonus?
Sound familiar. And then what happens when the bonus money arrives?
Let me guess….circumstances changed, the car needed brakes (or the kids needed braces, etc), and the VISA debt and interest charges keeps piling up.
Unless you have a plan, you will always be caught in the unpredictable grip of “changing circumstances.”
This is a slippery slope that can very quickly become serious financial stress. Consider the fact that Americans are declaring bankruptcy at record rates. One in every 100 families is affected by a bankruptcy.
I was on this slope 10 years ago. Declaring personal bankruptcy and filing for divorce went hand in hand.
One of the most insightful moments of the process was preparing a written log for the trustee of all of our spending for the 5 years leading up to bankruptcy.
While all of the individual decisions made sense in the moments that they were made, they looked totally foolish in the context of the “bigger picture”
In other words, constantly changing circumstances drove us off our financial roadmap.
Consider this five step plan for getting on, and staying with, your financial roadmap.
Step No. 1: Make a list of what you owe & prioritize: Put all your bills in a pile. Then list your debts in order, starting with the largest balance first. Then prioritize your repayments (ie paying down the highest interest rate first).
Step No. 2: Eliminate credit cards and don’t roll over balances. Once paid off, notify the company that you want to close the account.
Step No. 3: Make a spending plan. Change your free-spending ways. Track the money that’s coming in and going out. Use a debit card instead of your credit card. Download your bank transactions into a computer program for easy categorizing.
Step No. 4: Be careful about the equity in your home. Billions of dollars worth of equity has been withdrawn from millions of homes in the last few years. But many people pay down credit cards only to charge them up again – and then you don’t have the safety net of the equity in your home.
Step No. 5: Get help. For some people, the problem of overspending is a psychological one. Spending can become a habit that’s as difficult to kick as alcohol, drugs or gambling. Sometimes, it’s due to circumstances they truly could not avoid: medical bills or divorce or loss of a job.
You can talk with a credit counselor on a private basis. It only appears on your credit report if you enter their debt repayment program.
During this holiday season, as you consider your finances, remember that Americans are now carrying $683 billion in revolving credit card debt. 47% of the people who paid less than the full amount on their credit card bills in a recent month, made only the minimum payment due.
The good news is that planning and professional help will definitely help you turn things around.
What you should do and know if you are an artist and you have decided to have a website.1) Look at "Web Sites That Suck."If you are an artist and have never had a website, the concept of a website can seem unnerving. The first thing to do is look at a web site called "Websites that Suck", www. websitesthatsuck.com by Vincent Flanders. This is a website that is so funny, and so enlightening and it is very hard
This is a slippery slope that can very quickly become serious financial stress. Consider the fact that Americans are declaring bankruptcy at record rates. One in every 100 families is affected by a bankruptcy.
I was on this slope 10 years ago. Declaring personal bankruptcy and filing for divorce went hand in hand.
One of the most insightful moments of the process was preparing a written log for the trustee of all of our spending for the 5 years leading up to bankruptcy.
While all of the individual decisions made sense in the moments that they were made, they looked totally foolish in the context of the “bigger picture”
In other words, constantly changing circumstances drove us off our financial roadmap.
Consider this five step plan for getting on, and staying with, your financial roadmap.
Step No. 1: Make a list of what you owe & prioritize: Put all your bills in a pile. Then list your debts in order, starting with the largest balance first. Then prioritize your repayments (ie paying down the highest interest rate first).
Step No. 2: Eliminate credit cards and don’t roll over balances. Once paid off, notify the company that you want to close the account.
Step No. 3: Make a spending plan. Change your free-spending ways. Track the money that’s coming in and going out. Use a debit card instead of your credit card. Download your bank transactions into a computer program for easy categorizing.
Step No. 4: Be careful about the equity in your home. Billions of dollars worth of equity has been withdrawn from millions of homes in the last few years. But many people pay down credit cards only to charge them up again – and then you don’t have the safety net of the equity in your home.
Step No. 5: Get help. For some people, the problem of overspending is a psychological one. Spending can become a habit that’s as difficult to kick as alcohol, drugs or gambling. Sometimes, it’s due to circumstances they truly could not avoid: medical bills or divorce or loss of a job.
You can talk with a credit counselor on a private basis. It only appears on your credit report if you enter their debt repayment program.
During this holiday season, as you consider your finances, remember that Americans are now carrying $683 billion in revolving credit card debt. 47% of the people who paid less than the full amount on their credit card bills in a recent month, made only the minimum payment due.
The good news is that planning and professional help will definitely help you turn things around.
What is business consultancy anyway? To answer this let’s start with some common definitions of Consultancy on the Web:Definitions of Consultancy on the Web:- A contract to provide services which meet all the following criteria: expert analysis and advice which facilitates decision making of a specific task or a set of tasks involving skills or perspectives which would not normally be expected to reside within the Departm context of the “bigger picture”
In other words, constantly changing circumstances drove us off our financial roadmap.
Consider this five step plan for getting on, and staying with, your financial roadmap.
Step No. 1: Make a list of what you owe & prioritize: Put all your bills in a pile. Then list your debts in order, starting with the largest balance first. Then prioritize your repayments (ie paying down the highest interest rate first).
Step No. 2: Eliminate credit cards and don’t roll over balances. Once paid off, notify the company that you want to close the account.
Step No. 3: Make a spending plan. Change your free-spending ways. Track the money that’s coming in and going out. Use a debit card instead of your credit card. Download your bank transactions into a computer program for easy categorizing.
Step No. 4: Be careful about the equity in your home. Billions of dollars worth of equity has been withdrawn from millions of homes in the last few years. But many people pay down credit cards only to charge them up again – and then you don’t have the safety net of the equity in your home.
Step No. 5: Get help. For some people, the problem of overspending is a psychological one. Spending can become a habit that’s as difficult to kick as alcohol, drugs or gambling. Sometimes, it’s due to circumstances they truly could not avoid: medical bills or divorce or loss of a job.
You can talk with a credit counselor on a private basis. It only appears on your credit report if you enter their debt repayment program.
During this holiday season, as you consider your finances, remember that Americans are now carrying $683 billion in revolving credit card debt. 47% of the people who paid less than the full amount on their credit card bills in a recent month, made only the minimum payment due.
The good news is that planning and professional help will definitely help you turn things around.
When I attended a Dale Carnegie Management Course, the trainer, Deon, told us a story I’ll never forget. He owned a successful jewellery store in a mall. After attending his first Dale Carnegie course, he decided to treat the security guards in the mall, whom he’d always ignored, in a friendly and respectful manner. He started asking them about their families and greeting them. Suddenly, they started arresting thieves in his shop, for see-spending ways. Track the money that’s coming in and going out. Use a debit card instead of your credit card. Download your bank transactions into a computer program for easy categorizing.
Step No. 4: Be careful about the equity in your home. Billions of dollars worth of equity has been withdrawn from millions of homes in the last few years. But many people pay down credit cards only to charge them up again – and then you don’t have the safety net of the equity in your home.
Step No. 5: Get help. For some people, the problem of overspending is a psychological one. Spending can become a habit that’s as difficult to kick as alcohol, drugs or gambling. Sometimes, it’s due to circumstances they truly could not avoid: medical bills or divorce or loss of a job.
You can talk with a credit counselor on a private basis. It only appears on your credit report if you enter their debt repayment program.
During this holiday season, as you consider your finances, remember that Americans are now carrying $683 billion in revolving credit card debt. 47% of the people who paid less than the full amount on their credit card bills in a recent month, made only the minimum payment due.
The good news is that planning and professional help will definitely help you turn things around.
Since beginning my own entrepreneurial ventures in 1982, I have observed much and learned much about what is behind the success of entrepreneurs. I have selected a number of those traits and call them Ten MVP, or Most Valuable Personal, traits of successful entrepreneurs. The selected traits shown below reflect my opinion from personal observation and are not listed in priority order.+ Trait #1: Positive, persistent and passior gambling. Sometimes, it’s due to circumstances they truly could not avoid: medical bills or divorce or loss of a job.
You can talk with a credit counselor on a private basis. It only appears on your credit report if you enter their debt repayment program.
During this holiday season, as you consider your finances, remember that Americans are now carrying $683 billion in revolving credit card debt. 47% of the people who paid less than the full amount on their credit card bills in a recent month, made only the minimum payment due.
The good news is that planning and professional help will definitely help you turn things around.
Case in point: I went from bankrupt with zero assets living in a boarding house, to gainfully employed, running my own home based business, with 2 houses and excellent re-established credit.
In other words, it can be done.
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